Economic data due from Australia & New Zealand today

Due from New Zealand first up this morning - 2245GMT, April Electronic Card Transactions:

• Retail m/m, expected is +0.5%, prior was +0.8%
• Total card spending m/m, prior was +1.3%

Due from Australia, at 0130GMT:

• National Australia Bank business confidence for April, the prior was 3, some tentative signs of improvement in the NAB Monthly Business Survey for March
• National Australia Bank business conditions for April, prior was 6

-

PBOC from the weekend: Breaking news : China cuts benchmark lending rates by 0.25%

The rate cut was tipped on Friday by ING after the trade balance data, here: "I expect a rate cut this weekend. This is bad.